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, hughes minority leader nancy pelosi is getting read set to speak at a conference where she will announce whether she will on on in her leadership position. these are live pictures from the room where the announcement will happen but it's not gotten underway yet. word got out that. told her party caucus she will remain as the minority leader. and she will be joined by other house credited women. we're waiting for nancy pelosi to make an announcement where she will stay she's staying on as the house minority leader. there something question that she mated to have congress, the democratics gain control. they needed -- one of her aide the has just brought out some of the speeches there that the -- that the house minority leader will be announcing. now waiting in the wings was the deputy, sony hoyer from maryland. north carolina democrat -- democrat. >> and here's nancy pelosi coming out. representing a new resurgent of knee male washington revelers. >> she's been serving her district for 25 years. she's 75. she's been a major force of the bills that have passed of. even after the 2010 electi
of the white house, they all have a slightly different date. nancy pelosi said we hope to get this wrapped up by christmas. one of the others said early december is when it should be done. shortly after thanksgiving somebody else said. so, i think we're lacking details, lacking commitments. we'll have to keep with the skeptics going. >> gene, what do you think? do you care about the structure of the deal? some would say have you to solve entitlements or the bond market is going to punish the country and it has to be dealt with? or do you think the stock market cares about getting something, anything done, before the end. year? >> on an immediate basis, no doubt. it cares about getting something done, something on the table. for the longevity of the upside, yes, i think it is concerned about what measures are really put in place, what the bipartisan cooperation really looks like in the end. >> rick, do you agree? >> i think in the near term any type of conclusion to this is going to be a positive for equities. don't confuse that for whatever deal is struck, how it affects long-term economic gr
right now coming from anyone in all of this. here he read and nancy pelosi really did not mention entitlement at all. rich o'connell highlighted the fact that his conference in the senate believes that this country does not have a taxing problem, it has a spending problem. there are still two very different beliefs on how to address this problem as they move forward. staff will continue working as the president is out of the country. he goes to a show tomorrow. telegraphs and republicans will be back here after the thanksgiving recess. lori: thank you. melissa: will a deal actually get done. joining us now is juan williams. thank you for joining us. what is your pet on this? what do you think that i think there is a lot of political pressure on both sides right now. remember, from the democratic perspective, they think they need a deal and president obama thinks he has a legacy that he has to protect right now. have watched as democrats have picked up seats in the senate and the house and president obama has been reelected. they do not want to be seen as obstacles to a deal that p
. and the negotiations. nancy pelosi responded to some members of both parties calling to go ahead and go over the cliff. >> i don't think it's my role to go to the table with a threat. i think it's my role to go to the table with some ideas to be receptive to what we can come to agreement on. i'm not criticizing statements others make. but what i am saying is that there's too much at risk. and even if you went over the cliff for one month and then corrected it, you would still have a loss of gdp. >> and we've already started our discussion with our guest hosts, jeremy siegel and steve forbes. jeremy, we already had the beginning of this discussion. i'll start with you because i said you can see it sort of happening in some of the averages and you see the front page journal piece today about corporations cutting back on spending. do you not ascribe much to the notion that people are already acting with some trepidation about this and it could be harmful? >> i think the fall since the election is clearly the cliff might be close. there's hope that it had romney won, that force would mitigate or eliminate
Search Results 0 to 3 of about 4

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